• There has been significantly high volatility in the USDMXN in the past months as highlighted by the spikes in the ATR readings.
  • However in 2018 the pair has been trading in a range with the top range at 19 and the bottom end at 18.3086

  • Taking the recent high of 19.90796 as the 100% retracement level and 18.2954 as the 0% level we can see that the spread is high and volatility is huge
  • The ATR reading is at 0.2007
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